25th Aug 2020 13:49
Aseana Properties Ltd - property developer in Malaysia and Vietnam - Granted temporary permission by UK Financial Conduct Authority to have fewer than 25% of its shares in public hands. Deadline of February 24, 2021 is set by regulator. Aseana says only 17% of its shares currently are in public hands, defined as shareholders who own less than 5% of the company, aren't directors, and are located in the European Economic Area. Aseana said it will monitor its share register and keep the FCA informed on its efforts to restore shares to public hands.
Current stock price: USD0.36
Year-to-date change: down 22%
By Tom Waite; [email protected]
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